奋力跑好全年经济“最后一棒”

Core Viewpoint - The economic performance in the fourth quarter is crucial for achieving annual development goals and ensuring a smooth transition from the 14th Five-Year Plan to the 15th Five-Year Plan [1][2] Economic Performance - The economy showed a stable growth trend in the first three quarters, with a GDP growth rate of 5.2%, ranking among the top of major global economies [1] - The total retail sales of consumer goods increased by 4.5% year-on-year in the first three quarters, but the growth rate dropped to 3% in September, marking a decline for four consecutive months [2] - Fixed asset investment decreased by 0.5% year-on-year from January to September, the first negative growth since September 2020, with private investment down by 3.1% [2] Policy Measures - The government has implemented more proactive macroeconomic policies to stabilize employment, businesses, markets, and expectations, ensuring stable economic operation [3] - Policies to boost consumption, such as the trade-in program for consumer goods, have led to double-digit growth in retail sales of certain categories [3] - There is a need for timely and flexible policy adjustments to address changing economic conditions [3] Support for Enterprises - Enterprises face challenges such as insufficient market demand and low profitability, necessitating targeted policy measures to alleviate their difficulties [4] - Improving the business environment and removing barriers to market entry are essential for fostering enterprise vitality, particularly for small and medium-sized enterprises [4] - The focus should be on ensuring that policy benefits translate into real support for enterprise development [4]